A Cross Lease Title is also known as a Composite Title. In simple terms: The owner of a Cross Lease Title holds an undivided share as tenants in common in the fee simple of the whole of the land upon which the flats are erected. Essentially the share will depend upon the numberĀ of flats [...]
Cross Lease Titles
September 20th, 2009 · No Comments · Uncategorized
Tags:10c·Cross Lease·Encumbrances·Leasehold Estate·Purchasing·Real Estate·Warm Regards
The Importance of a Title Search
August 17th, 2009 · No Comments · Uncategorized
Would you ask is it important to complete a Title Search on a property prior to preparing an Agreement? I definitely hope you would and the answer is YES!
So why is it so important?
1. It identifies the legal registered owner of the property and who has the right to sell.
2. It identifies the correct legal description of [...]
Tags:Boss·Boundaries·Building Restrictions·Cross Lease·Encumbrances·Essence·Homework·Insurer·Legal Description·Matheson·Nasty Surprises·New Economy·Professional Indemnity·Property Conveyancing·Purchaser·Search Requests·Services Ltd·Stephen Covey·Strata Title·Title Search

